At Holdings Channel, we have reviewed the latest batch of the 33 most recent 13F filings for the 03/31/2025 reporting period, and noticed that AbbVie Inc (Symbol: ABBV) was held by 18 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look.
Before we proceed, it is important to point out that 13F filings do not tell the whole story, because these funds are only required to disclose their long positions with the SEC, but are not required to disclose their short positions. A fund making a bearish bet against a stock by shorting calls, for example, might also be long some amount of stock as they trade around their overall bearish position. This long component could show up in a 13F filing and everyone might assume the fund is bullish, but this tells only part of the story because the bearish/short side of the position is not seen.
Having given that caveat, we believe that looking at groups of 13F filings can be revealing, especially when comparing one holding period to another. Below, let's take a look at the change in ABBV positions, for this latest batch of 13F filers:
| Fund | New Position? | Change In Share Count | Change In Market Value ($ in 1000's) |
|---|---|---|---|
| Meridiem Investment Management Ltd. | Existing | -750 | -$96 |
| Empirical Asset Management LLC | Existing | -222,837 | -$39,489 |
| Claro Advisors LLC | Existing | -480 | +$634 |
| FF Advisors LLC | Existing | UNCH | +$53 |
| Disciplined Investors L.L.C. | Existing | +299 | +$102 |
| Connor Clark & Lunn Investment Management Ltd. | Existing | +73,081 | +$15,732 |
| Cynosure Group LLC | Existing | -107 | +$34 |
| Measured Wealth Private Client Group LLC | Existing | -495 | -$6 |
| First Western Trust Bank | Existing | -309 | +$102 |
| Donoghue Forlines LLC | Existing | +8,462 | +$2,060 |
| Zions Bancorporation National Association UT | NEW | +61,336 | +$12,851 |
| Morton Community Bank | Existing | -590 | +$728 |
| Ardent Capital Management Inc. | Existing | -55 | +$71 |
| Wolverine Asset Management LLC | Existing | -9,001 | -$2,074 |
| Truepoint Inc. | Existing | -223 | +$13 |
| Austin Private Wealth LLC | Existing | -567 | +$33 |
| Railway Pension Investments Ltd | Existing | +2,681 | +$23,398 |
| EDENTREE ASSET MANAGEMENT Ltd | Existing | UNCH | +$89 |
| Aggregate Change: | -89,555 | +$14,235 | |
In terms of shares owned, we count 4 of the above funds having increased existing ABBV positions from 12/31/2024 to 03/31/2025, with 11 having decreased their positions and 1 new position.
Looking beyond these particular funds in this one batch of most recent filers, we tallied up the ABBV share count in the aggregate among all of the funds which held ABBV at the 03/31/2025 reporting period (out of the 4,507 we looked at in total). We then compared that number to the sum total of ABBV shares those same funds held back at the 12/31/2024 period, to see how the aggregate share count held by hedge funds has moved for ABBV. We found that between these two periods, funds increased their holdings by 5,236,474 shares in the aggregate, from 541,415,581 up to 546,652,055 for a share count increase of approximately 0.97%. The overall top three funds holding ABBV on 03/31/2025 were:
| » | Fund | Shares of ABBV Held |
|---|---|---|
| 1. | Vanguard Group Inc. | 173,917,865 |
| 2. | BlackRock Inc. | 145,878,142 |
| 3. | Charles Schwab Investment Management Inc. | 25,266,107 |
| 4-10 | Find out the full Top 10 Hedge Funds Holding ABBV | » |
We'll keep following the latest 13F filings by hedge fund managers and bring you interesting stories derived from a look at the aggregate information across groups of managers between filing periods. While looking at individual 13F filings can sometimes be misleading due to the long-only nature of the information, the sum total across groups of funds from one reporting period to another can be a lot more revealing and relevant, providing interesting stock ideas that merit further research, like AbbVie Inc (Symbol: ABBV).
10 S&P 500 Components Hedge Funds Are Buying »
Also see:
AUBN Split History
EOX Options Chain
DEI Next Dividend Date
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
